0001415889-23-007158.txt : 20230502
0001415889-23-007158.hdr.sgml : 20230502
20230502211815
ACCESSION NUMBER: 0001415889-23-007158
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230430
FILED AS OF DATE: 20230502
DATE AS OF CHANGE: 20230502
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: HAYNES CLAYTON J
CENTRAL INDEX KEY: 0001189618
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38819
FILM NUMBER: 23881393
MAIL ADDRESS:
STREET 1: C/O ACACIA RESEARCH CORPORATION
STREET 2: 500 NEWPORT CENTER DRIVE, 7TH FLOOR
CITY: NEWPORT BEACH
STATE: CA
ZIP: 92660
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Super League Gaming, Inc.
CENTRAL INDEX KEY: 0001621672
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-AMUSEMENT & RECREATION SERVICES [7900]
IRS NUMBER: 471990734
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2912 COLORADO AVE, STE 203
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
BUSINESS PHONE: 802-294-2754
MAIL ADDRESS:
STREET 1: 2912 COLORADO AVE, STE 203
CITY: SANTA MONICA
STATE: CA
ZIP: 90404
FORMER COMPANY:
FORMER CONFORMED NAME: Nth Games, Inc.
DATE OF NAME CHANGE: 20141007
4
1
form4-05032023_010507.xml
X0407
4
2023-04-30
0001621672
Super League Gaming, Inc.
SLGG
0001189618
HAYNES CLAYTON J
C/O SUPER LEAGUE GAMING, INC.
2912 COLORADO AVE, SUITE 203
SANTA MONICA
CA
90404
false
true
false
false
CHIEF FINANCIAL OFFICER
0
Stock Option
2.88
2023-04-30
4
D
0
90000
D
2020-08-05
2030-08-05
Common Stock
90000
0
D
Stock Option
4.81
2023-04-30
4
D
0
25000
D
2021-05-27
2031-05-27
Common Stock
25000
0
D
Stock Option
4.81
2023-04-30
4
D
0
34510
D
2021-05-27
2031-05-27
Common Stock
34510
0
D
Stock Option
0.49
2023-04-30
4
A
0
700000
A
2033-04-30
Common Stock
700000
700000
D
Performance Stock Units
2023-04-30
4
D
0
150000
D
Common Stock
150000
0
D
Performance Stock Units
2023-04-30
4
A
0
150000
A
2028-04-30
Common Stock
150000
150000
D
On April 30, 2023, the Issuer cancelled certain stock options previously granted to the Reporting Person under the Issuer's 2014 Amended and Restated Employee Stock Option and Incentive Plan (the "2014 Plan"). In exchange for the cancelled options, the Reporting Person was granted options to purchase 700,000 shares of the Issuer's common stock under the 2014 Plan.
One-third of the stock options vest on the grant date, with the remainder vesting monthly over the thirty-six month period thereafter, subject to continued service.
The exercise of the options under this award are contingent upon the Company receiving approval from its stockholders to increase the number of shares available under the 2014 Plan, and will be subject to cancellation in the event stockholder approval is not obtained.
Each Performance Stock Unit ("PSU") represents a contingent right to receive one share of the Issuer's common stock upon vesting.
The PSUs were scheduled to vest: (i) 20% upon the Issuer's common stock achieving a 60-day volume-weighted average price ("60-day VWAP") of $4.75 per share, (ii) 20% upon the Issuer's common stock achieving a 60-day VWAP of $6.00 per share; (iii) 20% upon the Issuer's common stock achieving a 60-day VWAP of $7.00 per share; (iv) 20% upon the Issuer's common stock achieving a 60-day VWAP of $8.00 per share; and (v) 20% upon the Issuer's common stock achieving a 60-day VWAP of $9.00 per share.
On April 30, 2023, the Issuer cancelled certain PSUs previously granted to the Reporting Person under the 2014 Plan. In exchange for the cancelled PSU's, the Reporting Person was granted 150,000 PSUs under the 2014 Plan.
Subject to continued employment and to accelerated vesting in certain circumstances, the PSUs shall vest: (i) 20% upon the Issuer's common stock achieving a 60-day VWAP of $0.80 per share, (ii) 20% upon the Issuer's common stock achieving a 60-day VWAP of $1.00 per share; (iii) 20% upon the Issuer's common stock achieving a 60-day VWAP of $1.20 per share; (iv) 20% upon the Issuer's common stock achieving a 60-day VWAP of $1.40 per share; and (v) 20% upon the Issuer's common stock achieving a 60-day VWAP of $1.60 per share.
On April 30, 2023, the Issuer cancelled certain PSUs previously granted to the Reporting Person under the 2014 Plan. In exchange for the cancelled PSU's, the Reporting Person was granted 150,000 PSUs under the 2014 Plan.
/s/ Clayton Haynes
2023-05-02